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Obama 7 - now what?

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Re: Obama 7 - now what?

SPIN CONTROL said:
http://www.rasmussenreports.com/pub...ministration/daily_presidential_tracking_poll

Latest poll...

The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows that 26% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. That’s the lowest level of Strong Approval yet measured for this President. Thirty-nine percent (39%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -13 (see trends).

For the first time during Obama’s time in office, the Approval Index has been in negative double digits for seven straight days. Fifty percent (50%) of Democrats Strongly Approve while 66% of Republicans Strongly Disapprove of his performance. Among those not affiliated with either major political party, 18% Strongly Approve and 42% Strongly Disapprove.

Overall, 47% of voters say they at least somewhat approve of the President's performance. Fifty-two percent (52%) disapprove.
Click to expand...


Where the hell did Rasmussen find 26% of people strongly approving of Obama? Usually he has that at like 5%. :D

Since somebody brought it up, this is on point from today...
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NJ-Gov: Rasmussen takes another look at the New Jersey governor's race; their purported topline result is 41 for Chris Christie, 39 for Jon Corzine, and 11 for Chris Daggett, which is an improvement over last week's 4-point spread for Christie. However, you may recall that last week they released two sets of results, an initial read (which found a tie) and then a re-allocated version that asked Daggett voters (and only Daggett voters) if they were really sure, which gave Christie a 4-point lead and which they flagged as their topline. This week, Rasmussen just toplined the version with Daggett voters re-allocated, without saying a peep about voters' initial preferences. TPM's Eric Kleefeld contacted Rasmussen and got the initial preferences version, which, lo and behold, gives Corzine a 37-36-16 lead. Would it kill Rasmussen to just admit that, sometimes, Democratic candidates actually lead in some races?
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Re: Obama 7 - now what?

rufus said:
They know what they can do to stop it, pay us our friggin' money back, instead of giving oit away as bonuses.

Yeah, you free market guys, the government should stay out of private institutions, unless of course, that institution comes crying to the government for a handout.

Let 'em go under if they can't hack it. That's the capitalism that you guys worship so much.
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God I love class envy. Unlike for people like you, there is always a market for talent, even in a bad economy. The people who are most impacted, not me BTW, are those who have the skillsets and relationships to run these businesses and get the taxpayers the most bang for their bucks. These guys are more than happy to jump ship for a 4-5x increase in their comp. to a foreign shop, PE firm, non-TARP shop, etc. And they take those clients, customers, etc. with them. At the end of the day, the taxpayers will be stuck with poorly run, poorly performing shells of what were once solid companies. Which is typical for most governmental bodies.

Then again the "experts" who seem to know the most about finance and economics, can't even balance their own checkbooks, let alone a federal budget.
 
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Re: Obama 7 - now what?

ScottM said:
God I love class envy. Unlike for people like you, there is always a market for talent, even in a bad economy. The people who are most impacted, not me BTW, are those who have the skillsets and relationships to run these businesses and get the taxpayers the most bang for their bucks. These guys are more than happy to jump ship for a 4-5x increase in their comp. to a foreign shop, PE firm, non-TARP shop, etc. At the end of the day, the taxpayers will be stuck will poorly run, poorly performing shells of what were once solid companies. Which is typical for most governmental bodies.

Then again the "experts" who seem to know the most about finance and economics, can't even balance their own checkbooks, let alone a federal budget.
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I don't disagree but it's pretty sad that the taxpayer always get left holding the bag when these "talents" fail.

Things were better when stocks and banks were separate.
 
Re: Obama 7 - now what?

ScoobyDoo said:
I don't disagree but it's pretty sad that the taxpayer always get left holding the bag when these "talents" fail.

Things were better when stocks and banks were separate.
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In all fairness, most of the guys running the show now weren't running them when the shiat hit the fan. AIG's been through 2 CEOs in a year, including the guy worked for a dollar. Moreover, Wild Bill Clinton was the one who signed Graham-Leach-Bliley which effectively rolled back Glass-Steagall. And he signed the CFMA of 2000 which allowed unfettered use of derivatives, including credit default swaps. What I find really amusing is that same politicos, including the Prez,who routinely excoriate "Wall Street" are/were among the biggest beneficiaries of our PACs.
 
Re: Obama 7 - now what?

ScottM said:
In all fairness, most of the guys running the show now weren't running them when the shiat hit the fan. AIG's been through 2 CEOs in a year, including the guy worked for a dollar. Moreover, Wild Bill Clinton was the one who signed Graham-Leach-Bliley which effectively rolled back Glass-Steagall. And he signed the CFMA of 2000 which allowed unfettered use of derivatives, including credit default swaps. What I find really amusing is that same politicos, including the Prez,who routinely excoriate "Wall Street" are/were among the biggest beneficiaries of our PACs.
Click to expand...

I don't care who signed either bill it was dumb to do it and it's dumb that it stays that way.
 
Re: Obama 7 - now what?

SPIN CONTROL said:
http://www.rasmussenreports.com/pub...ministration/daily_presidential_tracking_poll

Latest poll...

The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows that 26% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. That’s the lowest level of Strong Approval yet measured for this President. Thirty-nine percent (39%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -13 (see trends).

For the first time during Obama’s time in office, the Approval Index has been in negative double digits for seven straight days. Fifty percent (50%) of Democrats Strongly Approve while 66% of Republicans Strongly Disapprove of his performance. Among those not affiliated with either major political party, 18% Strongly Approve and 42% Strongly Disapprove.

Overall, 47% of voters say they at least somewhat approve of the President's performance. Fifty-two percent (52%) disapprove.
Click to expand...

Rover can spin all he'd like :D , but roll up all the polls and this is the trend you get:

ObamaJob.GIF


Blue and red have already merged - just that nobody has acknowledged that fact yet :eek:
 
Re: Obama 7 - now what?

Kepler said:
Olympia Snow is a moderate. She's pilloried by the crazies same as the Blue Dogs anger Kos. In defense of the loonies, what's the point of being the wing if you're not trying to pull the party towards you? :cool:

A "moderate Republican" would be an empty vessel like a Romney (or a Bill Clinton) with no principles other than the will to power. He could tack right to get the nomination, then tack back to center for the general without looking like a complete scoundrel. A Romney-like run would be The Campaign About Nothing. It wouldn't win -- nothing does not make people passionate -- but it wouldn't be an embarrassment either.
Click to expand...

Olympia Snowe votes with her party something like 80% of the time. That's almost as mavericky as Saint John McCain.
 
Re: Obama 7 - now what?

ScottM said:
In all fairness, most of the guys running the show now weren't running them when the shiat hit the fan. AIG's been through 2 CEOs in a year, including the guy worked for a dollar. Moreover, Wild Bill Clinton was the one who signed Graham-Leach-Bliley which effectively rolled back Glass-Steagall. And he signed the CFMA of 2000 which allowed unfettered use of derivatives, including credit default swaps. What I find really amusing is that same politicos, including the Prez,who routinely excoriate "Wall Street" are/were among the biggest beneficiaries of our PACs.
Click to expand...

CEO's might change, but the rest of the crooks stay the same.

Face it Scoitt, and it hurts you because it's the industry that you work in, but the big banks and Wall St. are nothing more than a giant Ponzi scheme.

the only 'talent' these clowns have is the ability to invent ever more arcane investment vehicles to separate the rubes from their money.
 
Re: Obama 7 - now what?

Bill said:
No argument from me on that. The Fed is just as much to blame as anyone, maybe more so, for the financial mess this country is in. As Ron Paul would say: "End the Fed".
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No, spending more than we make on everything and anything is the reason we're in this financial mess.

This is just the chickens coming home to roost, as my generation gets to pay off the debts of the Selfish Generation (aka, the Baby Boomers).
 
ScottM said:
The people who are most impacted, not me BTW, are those who have the skillsets and relationships to run these businesses and get the taxpayers the most bang for their bucks. These guys are more than happy to jump ship for a 4-5x increase in their comp. to a foreign shop, PE firm, non-TARP shop, etc. And they take those clients, customers, etc. with them.
Click to expand...

So you're saying this has happened several times over already?
 
Re: Obama 7 - now what?

Bill said:
No argument from me on that. The Fed is just as much to blame as anyone, maybe more so, for the financial mess this country is in. As Ron Paul would say: "End the Fed".
Click to expand...

More. I was watching "frontline" about how Fedchair Greenspan and Treasury Sec Snow with help from congress stopped regulation of the OTC derivitives market in 1996. And I can't believe Greenspan actually said fraud was "ok" because the bankers would self-regulate, police themselves and the Fed shouldn't interfere.

Well Greenspan has a cushy job making millions after he retired and so did Snow , executive at Citi - yeah the one getting bailed out and paying out $300million bonuses.

AIG already paid out $400million bonuses in 2008, $300million in march of 2009 (95% of employees including clerks, mailroom etc... got bonuses) well to keep the "talent" from leaving and they are scheduled to pay out another $300million in september. Maybe next year the bonuses will drop from $1billion to $100million-$500million at AIG with the 50-90% haircut. Still cheaper then the bonuses getting paid out at other bailed out banks though.
 
Re: Obama 7 - now what?

unofan said:
No, spending more than we make on everything and anything is the reason we're in this financial mess.

This is just the chickens coming home to roost, as my generation gets to pay off the debts of the Selfish Generation (aka, the Baby Boomers).
Click to expand...

No that's the national debt/deficit spending.

We're paying for the excesses of the crooks (aka bankers) as our regulations were gutted by congress and our regulators turned a blind eye to the gathering storm in the go go internet of the 90's and the boom boom realestate of the 2000's.

One thing I noticed in both the house and the senate debating the possible regulations is that it's partisan politics. You have the Republicans trying to stop any and all regulations of the banking industry... no regulation of deritivites, no consumer protection agency, no regulation of interest rates/fees charged by banks (usury) ... supposedly after the worst financial crisis since the great depression Republicans are blocking everything that tries to rein in the banking industry. looks like they work for the banking industry and not the incumbent they supposedly represent.

They talk about corruption in Afghanistan and how that erodes their confidence in the government, well let me say that my confidence has been totally shattered by the blatant corruption. Congress doesn't even bother to give lipservice or hide their corruption or greed anymore. it's become expected, accepted and condoned behaviour.
 
Re: Obama 7 - now what?

Tundra said:
We're paying for the excesses of the crooks (aka bankers) as our regulations were gutted by congress and our regulators turned a blind eye to the gathering storm in the go go internet of the 90's and the boom boom realestate of the 2000's.
Click to expand...

And where did the crooks get the money? By borrowing. Where did the gov't get the money to bail them out? by borrowing. Where did all the bubbles come from? borrow, borrow, borrow. It's all interrelated. If people didn't want things they couldn't afford, there wouldn't have been enough money chasing real estate to create a derivatives market in mortgages.

I'd just like to pre-emptively thank the Selfish Generation for bankrupting America. Thanks for loading my generation (and future ones, like my nephew's) with your debts. It's no surprise to me that all of this happened as the baby boomers reached their golden years in terms of political and spending power.
 
Re: Obama 7 - now what?

unofan said:
I'd just like to pre-emptively thank the Selfish Generation for bankrupting America. Thanks for loading my generation (and future ones, like my nephew's) with your debts. It's no surprise to me that all of this happened as the baby boomers reached their golden years in terms of political and spending power.
Click to expand...

On the bright side, with the advent of government health care the Selfish Generation will be dead soon.;)
 
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